Knowledge Center

Value Analysis programs are charged with evaluating products and services while balancing cost, quality, and outcomes in the decision. The quality of the products and the outcomes from using the products cannot be compromised, but today’s environment within healthcare dictates that cost is a significant factor influencing the decision. Unfortunately, the identified savings is not always realized in the anticipated time frame or to the full extent. Every week an initiative is delayed or not fully implemented results in lost dollars that cannot be recouped.

Wellmont Health System in Tennessee has developed a scorecard to help supply chain executives convince even the toughest clinicians and hospital administrators to collaborate and drive down overall costs (while maintaining the highest standards of patient care and safety) by speaking their language: evidence. This webinar provides detail on how to use the DRG scorecard. An excel file of the scorecard is provided upon completion.

Outsourcing of hospital functions is a common and growing practice in the U.S. and comprises on average 25% of total non-labor spend in hospitals. Many hospitals are finding that the outsourcing of some functions is a double-edged sword. This webinar will help you determine how to make decisions about which services to keep in house and which to outsource in the post-reform era of higher quality and cost savings.

In this three-part series, Lisa Tonkinson and Chris Wiekert discuss how the Revenue Cycle can impact your supply chain when embarking on a new software implementation or integration and what you need to know to plan ahead and optimize your technology effectively. Part one discusses the ins and outs of implementing new technology.Presented by: Lisa Tonkinson, Principle, Patient Craft and Chris Wiekert, Senior Product Manager, Infor

 Price: Member: $147.00 | Non-Member: $297.00Continuing Education Credits (CECs): 3 hours

At Hershey Penn State Medical Center, the supply chain and ED nursing team came together in a Kaizen process to reinvent the way supplies were being managed in the ED. As a result of their efforts, a new business process and system was implemented, which increased nursing satisfaction from 10% to 90%, reduced costs and stock-outs, and created a continual improvement process that supports the team’s ongoing needs.

In this 3-part series, learn how the revenue cycle can impact your supply chain when embarking on a new software implementation or integration.

In this three-part series, Lisa Tonkinson and Chris Wiekert discuss how the Revenue Cycle can impact your supply chain when embarking on a new software implementation or integration and what you need to know to plan ahead and optimize your technology effectively. Part three concentrates on vendor solutions and training.Presented by: Lisa Tonkinson, Principle, Patient Craft and Chris Wiekert, Senior Product Manager, Infor

Purchased services typically represents over 20 percent of a healthcare system’s total annual expenditures. During this webinar, we discuss best practices to understand actionable data, identify smaller spend categories for your staff to tackle, and decide when it is safe to go at it alone versus when to recruit additional resources.

Tracking surgical supplies is a challenge. Average returns for picked supplies is low, O.R. in-and-out traffic to retrieve items is high, and significant staff hours are spent checking consumption, restocking, and locating supplies. UTMC and DeRoyal have developed a "smart" radio frequency identification trash bin that tracks inventory used during a case, charges for that inventory, and shows where items are located in the room in real time.

  Price: Member: $196.00 | Non-Member: $396.00 Continuing Education Credits (CECs): 3 hours

 Price: Member: $49.00 | Non-Member: $99.00Continuing Education Credits (CECs): 1 hour

A panel of three leading experts in the value analysis field candidly share information regarding the state of value analysis when they entered the field, their experiences during the evolution of value analysis to its current state in their respective organizations, and their thoughts on the future state of value analysis as well as lessons learned along the way.

Tremendous cost pressures within the U.S. health care system are forcing providers to explore alternative ways to save money. To address this need, a TCO calculator has been developed to provide purchasers with a standardized and systematic way to consider the various use and waste costs of products that are procured. This webinar demonstrates the tool’s basic functions and shares resources available to support its use.

In this three-part webcast, Howard Mann, Vice President, Supply Chain Management at Cardiovascular Care Group discusses the basics and relationship of Value Analysis and Value Based Purchasing to achieve high Cost, Quality and Outcomes success. Part one explains Value Based Purchasing and its effects on hospital reimbursement. Presented by: Howard Mann, Vice President, Supply Chain Management, Cardiovascular Care Group

Nattie Leger, Director of Nursing Pursuit of Value, discusses how Ochsner significantly reduced their 2015 surgical site infections rate and a substantial cost avoidance using an interdisciplinary and methodical Lean approach. Presented by: Nattie Leger, Director of Nursing Pursuit of Value, Ochsner Health System

In this three-part webcast and podcast series, Howard Mann, Vice President, Supply Chain Management at Cardiovascular Care Group discusses the basics of value analysis and value based purchasing to achieve high Cost, Quality, and Outcomes. In part two, review the importance of value analysis and supply chain's involvement. Presented by: Howard Mann, Vice President, Supply Chain Management, Cardiovascular Care Group

NYU Langone Health adopted High Reliability Organization (HRO) principles and developed a transformational approach in order to support clinical needs and drive quality patient outcomes. In this webinar, supply chain leaders discuss NYU Langone's supply chain transformation. Presenters cover HRO education and concept training, action-oriented committees and project specific development, as well as planning and implementation.

Learn about the strategies that have been successful at Dignity Health in developing a purchased services product line. In this webinar we explain how to develop a purchased services contracting product line, discuss the unique challenges in this area, and show you how to estimate the potential opportunity.

Howard Mann, vice president, supply chain management at Cardiovascular Care Group discusses the basics of value analysis and value based purchasing to achieve high Cost, Quality, and Outcomes. Part three discusses how accurate value analysis and product choice can affect value based purchasing outcomes.